James Harper Electrical Limited - Limited company - abbreviated - 11.9

James Harper Electrical Limited - Limited company - abbreviated - 11.9

JAMES HARPER ELECTRICAL LIMITED - Company Information

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SC243720 1.3.14 28.2.15 28.2.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC2437202014-02-28SC2437202015-02-28SC2437202014-03-012015-02-28SC2437202013-02-28SC2437202013-03-012014-02-28SC2437202014-02-28SC243720ns12:Scotland2014-03-012015-02-28SC243720ns14:PoundSterling2014-03-012015-02-28SC243720ns7:Director12014-03-012015-02-28SC243720ns7:OrdinaryShareClass12014-03-012015-02-28SC243720ns7:Director22014-03-012015-02-28SC243720ns7:CompanySecretary2014-03-012015-02-28SC243720ns7:RegisteredOffice2014-03-012015-02-28SC243720ns7:EntityAccountantsOrAuditors2014-03-012015-02-28SC243720ns5:PlantMachinery2014-03-012015-02-28SC243720ns7:OrdinaryShareClass12015-02-28SC243720ns7:OrdinaryShareClass12014-02-28
REGISTERED NUMBER: SC243720 (Scotland)
















ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 28 FEBRUARY 2015

FOR

JAMES HARPER ELECTRICAL LIMITED

JAMES HARPER ELECTRICAL LIMITED (REGISTERED NUMBER: SC243720)






CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

JAMES HARPER ELECTRICAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2015







DIRECTORS: J E Harper
J W H Harper





SECRETARY: Mrs A S Harper





REGISTERED OFFICE: 19 Wellington Square
Ayr
KA7 1EZ





REGISTERED NUMBER: SC243720 (Scotland)





ACCOUNTANTS: McLay, McAlister & McGibbon (Ayr) Ltd
19 Wellington Square
Ayr
Ayrshire
KA7 1EZ
Page 1
JAMES HARPER ELECTRICAL LIMITED (REGISTERED NUMBER: SC243720)

ABBREVIATED BALANCE SHEET
28 FEBRUARY 2015

28.2.15 28.2.14
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 24,000 27,000
Tangible assets 3 11,796 15,132
35,796 42,132

CURRENT ASSETS
Stocks 580 570
Debtors 35,146 86,628
Cash at bank 236,862 306,793
272,588 393,991
CREDITORS
Amounts falling due within one year 53,115 171,154
NET CURRENT ASSETS 219,473 222,837
TOTAL ASSETS LESS CURRENT LIABILITIES 255,269 264,969

CAPITAL AND RESERVES
Called up share capital 4 200 200
Profit and loss account 255,069 264,769
SHAREHOLDERS' FUNDS 255,269 264,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2015 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006
and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each
financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395
and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as
applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 30 November 2015 and were signed on its behalf by:





J W H Harper - Director


The notes form part of these abbreviated accounts

Page 2
JAMES HARPER ELECTRICAL LIMITED (REGISTERED NUMBER: SC243720)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 28 FEBRUARY 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net value of goods and services supplied, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving
items.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet
date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of
the lease.

Pension costs and other post-retirement benefits
The company contributes to a defined contribution pension scheme. Contributions payable for the period are charged in
the profit and loss account.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2014
and 28 February 2015 60,000
AMORTISATION
At 1 March 2014 33,000
Amortisation for year 3,000
At 28 February 2015 36,000
NET BOOK VALUE

At 28 February 2015 24,000
At 28 February 2014 27,000

Page 3 continued...
JAMES HARPER ELECTRICAL LIMITED (REGISTERED NUMBER: SC243720)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 March 2014 36,215
Additions 406
At 28 February 2015 36,621
DEPRECIATION
At 1 March 2014 21,083
Charge for year 3,742
At 28 February 2015 24,825
NET BOOK VALUE
At 28 February 2015 11,796
At 28 February 2014 15,132

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.15 28.2.14
value: £    £   
200 Ordinary £1 200 200

Page 4